Nvidia and OpenAI said Monday they had signed a strategic partnership in which the chip designer will invest up to $100 billion over time in the ChatGPT maker as it increasingly buys access to Nvidia’s artificial intelligence chips. The unprecedented agreement, while devoid of details, answers a ... Read more ›
1
A Federal Trade Commission lawsuit against Amazon’s alleged use of deceptive practices to lock consumers into its Prime subscription goes to trial this week in a Seattle court. In the lawsuit, which the FTC filed in 2023, the commission alleges that Amazon violated consumer protection laws by ... Read more ›
0
As Western artificial intelligence developers accelerate international expansion, Japan, the world’s fourth-largest economy, is shaping up to be a key battleground. ChatGPT and Gemini are already popular there. Anthropic is preparing to open a Tokyo office after appointing a Japan country head last month. Canada-based Cohere also hired a Japan country manager last month.But Japan’s government and domestic AI companies are ramping up their efforts too. Last week, a government-funded... Read more ›
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Crypto stormed into the traditional financial system over the past four months, wedging itself deeper than ever into banking and the stock market. The head-spinning changes created billions in profits for the industry and added more risks for investors and regulators. The changes came so fast that they were hard to keep straight. We’ve rolled back the clock to help readers catch up on the four big trends that drove... Read more ›
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Oracle CEO Safra Catz is stepping aside, to be replaced by a pair of co-CEOs, including the chief of its cloud business, Clayton Magouyrk. His promotion confirms how cloud has become Oracle’s most important business. Also serving as CEO will be Michael Sicilia, who has held various roles in ... Read more ›
6
President Donald Trump is expected to sign an executive order this week outlining the structure of a proposed deal for a group of investors to take over TikTok’s U.S. operations, according to a White House official. Under the plan, a new joint-venture company will be created to run TikTok U.S., ... Read more ›
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President Donald Trump said Sunday that media executives Rupert and Lachlan Murdoch are likely to be part of a group of investors planning to take over TikTok’s U.S. operations. In an interview on Fox News, Trump said billionaires Larry Ellison and Michael Dell are part of the consortium of ... Read more ›
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Some of the tech industry’s largest employers warned foreign staffers to stay in the U.S. or return immediately after President Donald Trump announced a plan Friday to impose a $100,000 fee on H-1B worker visas. But in a sign of the chaotic roll-out of the policy, the White House on Saturday ... Read more ›
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A new company overseeing TikTok’s U.S. operations will be majority-owned by U.S. investors, with six of seven board seats going to Americans, White House Press Secretary Karoline Leavitt said in an interview on Fox News Saturday. The comments come after President Donald Trump said Friday that ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Musk’s Memphis supercomputer fixer • The Arena: The highlightification of sports. • The Top 5: Tech elites turn to luxury matchmakers to find love.• Plus, our Recommendations: “Home Cooking,” “The World’s Worst Best” and “Three Days of the Condor.” It definitely wasn’t the opening question Carlos Alcaraz was expecting.As I sat four feet from the world no. 1 tennis player—and full disclosure,... Read more ›
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Late last week, NBA Commissioner Adam Silver inadvertently went viral on social media with a passing comment that quickly got under the skin of basketball fans. When asked during a press conference about how expensive being an NBA fan has become—mainly due to fragmented TV broadcasts and streaming price hikes—part of Silver’s response was that there are many free ways to watch, including via Instagram and TikTok. “This is very... Read more ›
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There’s a big public breakup underway: People are dumping their dating apps. Over the past year, Bumble lost nearly 9% of its paying users, the company reported in its earnings report last month. Match Group, meanwhile, saw about 5% of paying users abandon its flagship apps, including Tinder and Bumble, during the same period. “The companies haven’t innovated to keep products up to date with what current users are looking... Read more ›
1
BitGo filed for an initial public offering on Friday, becoming the first crypto custodian to go public in the U.S. Founded in 2013, BitGo is one of the largest crypto custody firms in the U.S., with $90.3 billion assets on platform. Crypto custodians safekeep crypto assets for clients, ... Read more ›
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President Donald Trump announced Friday that skilled foreign workers applying for H1-B visas will have to pay a $100,000 fee. Currently, H1-B applicants pay fees including $215 to enter a lottery, and a larger application fee if they are selected in the lottery. Tech companies often hire foreign ... Read more ›
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It’s hard to believe, but 18 years after the iPhone first hit store shelves, people still line up outside Apple stores whenever a new model first becomes available. We saw that again on Friday, when the iPhone 17 series went on sale. As we reported earlier, preorders for the entry-level iPhone 17—the cheap one—were strong enough to prompt Apple to order a quick ramp-up in production for that model. And... Read more ›
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Travel software company Navan, in paperwork made public Friday for a planned initial public offering, said revenue rose 30% to $329 million for the six months ended July 31. That’s roughly the same growth rate for the same period the year before. Navan, founded 10 years ago as TripActions, ... Read more ›
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Oracle is in talks with Meta Platforms about a cloud computing deal worth around $20 billion over multiple years, according to a person with knowledge of the deal. Meta is an existing customer of Oracle, but the new deal could greatly increase the amount of Nvidia graphics processing units it ... Read more ›
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Nvidia is nearing a deal to invest $500 million in Wayve, a self-driving car company based in the U.K., Nvidia CEO Jensen Huang announced Thursday. Wayve said it is considering the investment as part of an upcoming funding round. Wayve uses Nvidia chips to develop its artificial intelligence ... Read more ›
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Meta Platforms hopes to make money out of its augmented reality glasses through software features, such as subscriptions to its artificial intelligence service, its vice president of wearables Alex Himel said in an interview with The Information’s TITV this week. But Meta doesn’t have near-term plans to try and sell ads on the glasses, Himel said, noting they don’t have a big enough audience to appeal to advertisers yet. Himel... Read more ›
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Rent the Runway spent the past two years unsuccessfully trying to find a buyer for the company, among a number of “strategic alternatives” its advisers explored, according to a securities filing Thursday. The company met with both strategic buyers and financial sponsors, but none of the ... Read more ›
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Most popular sources
Business Insider
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32% 17 |
Wired
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13% 11 |
Android Authority
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6% 3 |
Mashable
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6% 5 |
The Verge
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5% 4 |
| View sources » | |
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27.10.2025 21:58
Last update: 21:40 EDT.
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